Metro Atlanta new construction continues sensational growth

by Peter Thomas Ricci

census-bureau-home-construction-starts-permits-completions-june-2015

The Metro Atlanta new construction market continues to put up some of the most impressive numbers in the nation, according to research from Dodge Data & Analytics.

In November, Metro Atlanta saw more than $402 million in total residential construction spending, which is a 12 percent decline from Nov. 2015. Year-to-date construction spending, though, is a much better indicator of the market’s overall health, and at $7.021 billion, Metro Atlanta’s market is up 20 percent over the same time period last year.

See our chart below for more details on November’s new construction activity:

Metro Area Residential Construction Spending – Nov. 2016 (in millions) YOY Change YTD 2016 Construction Spending (in millions) YOY Change
Atlanta $402 -12% $7,021 20%
Boston $1,270 280% $5,285 29%
Chicago $450 5% $6,756 46%
Dallas $682 -20% $11,405 7%
Houston $601 -4% $8,310 -13%
Los Angeles $448 10% $8,193 21%
Miami $351 -22% $6,488 8%
New York $1,162 -22% $17,005 -23%
San Francisco $194 20% $4,142 27%
Seattle $230 -22% $4,763 -7%